Understanding beef and lamb inflation
If you’re a regular customer at 44 Foods, you might have noticed that the price of our lamb and beef has risen recently. Suzie England works for J W Galloway, one of our meat suppliers. We asked her to explain some of the reasons for this and what you can expect to see in the future.
JW Galloway for generations have worked alongside British family farmers, who produce some of the finest quality beef and lamb in the world.
This quality is achieved by our British farmers rearing their livestock to the highest animal welfare standards as well as working in harmony with the natural surroundings of their farms to minimize the impact on the environment.
Over recent years, British farmers have faced many challenges with prices being well below the cost of production resulting in a declining British beef herd and sheep flock. Even today, with the recent increase in prices for livestock, the ongoing challenges such as rising feed prices, labour and fuel still make it a challenge for our farmers to re-invest in their businesses and pass onto the next generation.
Inflation and deflation of Beef and lamb prices are determined by many independent variables – consumer demand, supply of livestock , and imports.
By supporting our British farmers you enable them to re-invest in their businesses, ensuring their viability, allowing them to raise their stock to the highest welfare standards and continue to offer our customers the best quality British beef and lamb.
At 44 Foods, we champion fair trade and sustainable food production, and we are committed to paying producers a fair price that reflects the true cost of producing beef and lamb to the highest welfare standards. We believe that doing this supports our farmers to reinvest and continue to produce the very best quality produce for our customers.
